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National Data

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Could Home Prices Turn Negative This Year?
By Mike Simonsen on February 18, 2025

Home price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the...

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National Data

Has Seller Growth Lost Momentum?
By Mike Simonsen on February 10, 2025

There are two trends that bubbled to the surface in this week’s housing market data. We talked last week about how the price reductions leading indicator has been growing more bearish for...

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National Data

Weak Demand Is Forcing More Home Sellers to Reduce Their Asking Price
By Mike Simonsen on February 3, 2025

There are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had cause some of the measures for home price changes to...

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National Data

Will We See Home Price Declines in 2025?
By Mike Simonsen on January 27, 2025

Recently we’ve shared that inventory of unsold homes is growing, and that in recent weeks, home sales have faltered in the face of 7% mortgage rates. We’re going to focus today’s video on...

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National Data

Home Sales Are Stalled With 7% Mortgages
By Mike Simonsen on January 20, 2025

New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago.In the fourth quarter of 2024, sales were...

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National Data

More Home Sellers, Fewer Sales
By Mike Simonsen on January 13, 2025

There were 45,000 new listings for single family homes across the country this week, which is a big jump. It’s 12% more sellers than a year ago. This is the trend I’ve been talking about as...

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National Data

Did Home Sales Momentum Fizzle in December?
By Mike Simonsen on January 6, 2025

The New Year’s week was expected to be slow, so it’s no surprise that new listings and sales are down. Those will start rebounding in next week’s data.The Christmas and New Year’s holidays...

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National Data

The Two Big Housing Market Trends to Watch in 2025
By Mike Simonsen on December 30, 2024

All the data for 2024 is in, and it’s fair to say the housing market surprised again. There are two big trends that stand out to me as we launch into 2025.The first is affordability. Home...

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National Data

What Rising Inventory Means for the 2025 Housing Market
By Mike Simonsen on December 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than...

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National Data

Will 2025 Finally Be a “Normal” Housing Market?
By Mike Simonsen on December 9, 2024

We’ve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom: two and a half years. Is this the moment when the housing market will finally...

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